About Electric Whisks
Electric whisks is a kitchen appliance used to blend food products. The electric whisks market has high growth prospects owing to increasing demand from the residential and commercial applications. Further, technological advancement in the blenders and increasing demand from the developing economies driving the demand for electric whisks. In addition, rising demand for the bakery and confectionary applications expected to drive the demand for electric whisks over the forecasted period.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that United Kingdom Vendors will contribute the maximum growth to Global Electric Whisks market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bosch (Germany), DOMU Brands Ltd. (United Kingdom), Panasonic (Japan), Toshiba (Japan), Dualit (United Kingdom), Philips (Netherlands), Morphy Richards (United Kingdom), Russell Hobbs (United Kingdom) and Tower (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Swan Products Limited (United Kingdom), Whirlpool Corporation (United States) and Zyliss (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Electric Whisks market by Type (Electric Portable Whisk and Electric Bucket Whisk), Application (Household Use and Commercial Use) and Region.
On the basis of geography, the market of Electric Whisks has been segmented into Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe). If we see Market by Distribution Channel, the sub-segment i.e. Online Retail will boost the Electric Whisks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Portable Lending Equipments and Technological Development in the Food & Beverage Blending Techniques
Market Growth Drivers:
Growing Food & Beverage Processing Industries and Increasing Demand for the Bakery Applications
Challenges:
Lack of Awareness in the Low and Middle Income Group Countries and Increasing Number of Local Manufacturers
Restraints:
Availability of Substitute Products-Such As Stand-Mixer
Opportunities:
Rising Demand for Commercial Applications and Increasing Demand from the Developing Economies
Market Leaders and their expansionary development strategies
In August 2022, Terex Materials Processing (MP), a global leader in aggregate, environmental, concrete, lifting, and handling machinery, has acquired of the Canadian company ProAll, a specialist producer of mobile volumetric concrete mixers. This acquisition adding a new dimension to the current portfolio and creating significant new opportunities for international growth.
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.